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𝐖𝐡𝐚𝐭 𝐝𝐨 𝐩𝐫𝐞𝐝𝐢𝐜𝐭𝐢𝐨𝐧 𝐦𝐚𝐫𝐤𝐞𝐭𝐬 𝐭𝐡𝐢𝐧𝐤 🤑$BTC
Another clue about Bitcoin comes from online prediction markets. For example, if you take a look at the Kalshi online prediction market, it's possible to see what investors think about the chances of Bitcoin hitting a variety of different price levels.
Right now, investors say, Bitcoin has a 46% chance of hitting $125,000 this year, and a 29% chance of hitting $150,000. Not bad, right? But investors also say that Bitcoin has a 43% chance of dropping below $70,000 and a 29% chance of dropping below $60,000.
A person holding a smartphone puts their hand on their head in shock.
Image source: Getty Images.
In short, investors think Bitcoin is just as likely to soar to $125,000 as it is to fall to $70,000. Now that it has nearly regained the psychologically important $100,000 price level, Bitcoin will likely trade in a relatively narrow range until the end of the 90-day delay in Trump's tariff adoption.
If a number of trade deals emerge by then, Bitcoin could pop. But if the U.S. economy worsens and no trade deals are signed, then all bets are off.
Another clue about Bitcoin comes from online prediction markets. For example, if you take a look at the Kalshi online prediction market, it's possible to see what investors think about the chances of Bitcoin hitting a variety of different price levels.
Right now, investors say, Bitcoin has a 46% chance of hitting $125,000 this year, and a 29% chance of hitting $150,000. Not bad, right? But investors also say that Bitcoin has a 43% chance of dropping below $70,000 and a 29% chance of dropping below $60,000.
A person holding a smartphone puts their hand on their head in shock.
Image source: Getty Images.
In short, investors think Bitcoin is just as likely to soar to $125,000 as it is to fall to $70,000. Now that it has nearly regained the psychologically important $100,000 price level, Bitcoin will likely trade in a relatively narrow range until the end of the 90-day delay in Trump's tariff adoption.
If a number of trade deals emerge by then, Bitcoin could pop. But if the U.S. economy worsens and no trade deals are signed, then all bets are off.
who can be my frnd ?
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📢 Share Your Trades to Unlock 5,000 USDC Rewards!
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